It is important to look at all of the options that are available to you when you consider installing solar panel on your property. Solar panels are a great way to offset your electricity costs while still providing clean energy for your home. You may qualify for a federal credit towards the cost of installing solar panels. There are also local rebates available from APS or SRP that can reach up to 25 percent.
Cost
The cost of solar panel installation in Phoenix will depend on the size and type of solar equipment. It is possible to cut costs by shopping around and asking for a detailed price quote in writing. You can also read online reviews. Comparing bids from larger national brands to smaller local companies can help you compare their prices. Working with a smaller company can save you up to $5,000
There are three types of solar panels available: monocrystalline, polycrystalline and hybrid. Monocrystalline solar cell are the most efficient but also cost more. Polycrystalline solar cells, which are more affordable and better suited for hot climates, are the best. Each type of solar panels has its own mounting hardware. The hardware protects the panels from extreme weather conditions. The mounting hardware also depends on the type of roof you have.
Efficiency
You should consider these benefits when you're looking at solar panels to power your Phoenix home. First, solar panels can cut down on your electricity bills. The sun's noon-time energy output is approximately 1,000 watts/squaremeter. This amount of solar energy can be converted to usable electric power by the solar panels.
This energy can be used to power your home appliances, air conditioning system, and lighting. But solar panels can work less efficiently if the temperatures inside are high. Heat alters the speed of electrons which can affect the flow of electricity. The efficiency of solar panel reduces by 1.1 percentage for every degree that mercury rises to 107 degrees Fahrenheit.
Return on investment
Solar panels are a great way for you to reduce your carbon footprint and increase your energy efficiency. Although the initial costs for installing solar panels Phoenix are high, they can also be very expensive. It is a great way to make sure you get a fair price by comparing multiple quotes from different companies. Some companies will provide a lower price if you are willing to put in a larger down payment.
The cost of solar panel depends on several factors, such as their size, efficiency, and branding. First, think about how much power you will require to heat your home. A 6-kilowatt solar panel system will cost between $11,011 and $13,498 after tax credits. If you plan to use the solar energy system for a few hours a day, the cost can be reduced by nearly 30%. You should also consider the brand name of your solar panels. Some products are more costly than others.
Tax incentives
Consider the tax incentives you can get if you want to put solar panels on your building or home. Congress has extended Federal Investment Tax Credit. This can help you reduce your energy bills. This means you will have more time and can prepare for your installation.
The tax credit, which you can claim if you live in Arizona, is a one-time credit worth 25% of the cost of your solar panels or solar thermal systems. This credit is available for both residential and non-residential installations.